Suzano buys Kimberly-Clark stake, expanding consumer product reach

Suzano is acquiring a 51% stake in a Kimberly-Clark tissue joint venture outside North America, a move that XP Investimentos views positively. This acquisition is valued at $3.4 billion. XP believes the deal diversifies Suzano, with low financial risk and returns exceeding the cost of capital. The joint venture includes brands like Kleenex, and the deal is expected to slightly increase leverage while generating free cash flow. Market analysts see the acquisition as strategically sound, with potential for revenue growth and efficiency. Suzano's stock rose following the announcement, reflecting investor optimism about the company's expansion into consumer products.